50Money may be charged in relation to business permission

50 Money may be charged in relation to business permission

(1)  A corridor manager may charge for the grant, renewal or transfer of a business permission an amount of money agreed, before the grant, renewal or transfer, between the corridor manager and the person whose business permission is granted, renewed or transferred.

(2)  The grant, renewal or transfer of a business permission is of no effect until an amount of money agreed under subsection (1) in relation to the grant, renewal or transfer is paid to the corridor manager.

(3)  An amount of money collected under an agreement under subsection (1) by a corridor manager in relation to a corridor is to be applied to the management and maintenance of the land within the corridor and any object or structure situated on the land.